SWISSCOM N - Daily - Technical analysis published on 06/18/2024 (GMT)
- 112
- 0
Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
17%
39%
44%
My opinion
Bearish under 502.7 CHF
My targets
466.0 CHF (-5.93%)
357.3 CHF (-27.88%)
My analysis
The bearish trend is currently very strong for SWISSCOM N. As long as the price remains below the resistance at 502.7 CHF, you could try to take advantage of the bearish rally. The first bearish objective is located at 466.0 CHF. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 357.3 CHF as an objective. Crossing it would then enable sellers to target 318.9 CHF. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.
Force
0
10
6.8
Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.
This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The SWISSCOM N price is 495.4 CHF. The price is lower by -0.12% since the last closing with the lowest point at 495.2 CHF and the highest point at 498.2 CHF. The deviation from the price is +0.04% for the low point and -0.56% for the high point.495.2
498.2
495.4
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new LOW record (1 year)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of SWISSCOM N in Daily shows a overall strongly bearish trend. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, only 7 technical indicators out of 18 studied are currently positioned bearish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
Momentum indicator is back under 0
Type : Bearish
Timeframe : Daily
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 357.3 | 466.0 | 489.8 | 495.4 | 497.4 | 502.7 | 523.0 |
Change (%) | -27.88% | -5.93% | -1.13% | - | +0.40% | +1.47% | +5.57% |
Change | -138.1 | -29.4 | -5.6 | - | +2.0 | +7.3 | +27.6 |
Level | Minor | Major | Intermediate | - | Major | Major | Intermediate |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 489.5 | 491.5 | 493.7 | 495.7 | 497.9 | 499.9 | 502.1 |
Camarilla | 494.9 | 495.2 | 495.6 | 496.0 | 496.4 | 496.8 | 497.2 |
Woodie | 489.7 | 491.6 | 493.9 | 495.8 | 498.1 | 500.0 | 502.3 |
Fibonacci | 491.5 | 493.1 | 494.1 | 495.7 | 497.3 | 498.3 | 499.9 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 478.0 | 485.0 | 490.5 | 497.5 | 503.0 | 510.0 | 515.5 |
Camarilla | 492.6 | 493.7 | 494.9 | 496.0 | 497.2 | 498.3 | 499.4 |
Woodie | 477.3 | 484.6 | 489.8 | 497.1 | 502.3 | 509.6 | 514.8 |
Fibonacci | 485.0 | 489.8 | 492.7 | 497.5 | 502.3 | 505.2 | 510.0 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 467.5 | 477.1 | 487.7 | 497.3 | 507.9 | 517.5 | 528.1 |
Camarilla | 492.7 | 494.5 | 496.4 | 498.2 | 500.1 | 501.9 | 503.8 |
Woodie | 467.9 | 477.4 | 488.1 | 497.6 | 508.3 | 517.8 | 528.5 |
Fibonacci | 477.1 | 484.9 | 489.6 | 497.3 | 505.1 | 509.8 | 517.5 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
RSI (14): | 43.80 | |
MACD (12,26,9): | -1.8000 | |
Directional Movement: | -0.5 | |
AROON (14): | 28.6 | |
DEMA (21): | 495.8 | |
Parabolic SAR (0,02-0,02-0,2): | 510.4 | |
Elder Ray (13): | -0.8 | |
Super Trend (3,10): | 490.2 | |
Zig ZAG (10): | 495.6 | |
VORTEX (21): | 0.9000 | |
Stochastique (14,3,5): | 36.70 | |
TEMA (21): | 496.9 | |
Williams %R (14): | -65.20 | |
Chande Momentum Oscillator (20): | -2.8 | |
Repulse (5,40,3): | -0.6000 | |
ROCnROLL: | 2 | |
TRIX (15,9): | -0.1000 | |
Courbe Coppock: | 1.30 |
MA7: | 496.7 | |
MA20: | 497.1 | |
MA50: | 503.8 | |
MA100: | 509.7 | |
MAexp7: | 496.9 | |
MAexp20: | 498.5 | |
MAexp50: | 503.1 | |
MAexp100: | 508.4 | |
Price / MA7: | -0.26% | |
Price / MA20: | -0.34% | |
Price / MA50: | -1.67% | |
Price / MA100: | -2.81% | |
Price / MAexp7: | -0.30% | |
Price / MAexp20: | -0.62% | |
Price / MAexp50: | -1.53% | |
Price / MAexp100: | -2.56% |
Quotes :
-
15 min delayed data
-
Switzerland SWX Stocks
News
Don't forget to follow the news on SWISSCOM N. At the time of publication of this analysis, the latest news was as follows:
- Neo Medical closes Swisscom Ventures-lead USD $20.6M financing round
- Swisscom Joins FreeMove
- Artificial Solutions and Swisscom Announce Partnership
- Artificial Solutions and Swisscom Announce Partnership
- Artificial Solutions and Swisscom Announce Partnership
This member declared not having a position on this financial instrument or a related financial instrument.
About author
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
Add a comment
Comments
0 comments on the analysis SWISSCOM N - Daily